$XPL looks weak, here is the plan
Short zone: 0.08865 - 0.08978
Take profit: 0.08485, then 0.08234
Get out if it climbs above: 0.09212
$XPL is flashing caution. Here is what that means, simply
XPL is trading at 0.08865, down 10.4% in the last 24 hours.
The trend is down and bounces keep getting sold.
The chart is squeezing into a descending channel; these usually end with a sharp move.
Trading activity is picking up, so moves can be faster than usual.
Sitting out a red chart costs nothing. Buying it too early can cost plenty.
Trade XPL: spot https://www.binance.com/en/trade/XPL_USDT | futures https://www.binance.com/en/futures/XPLUSDT
$XPL #XPL #Write2Earn #Breakout #MarketOutlook
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.